The North America Athletic Footwear Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
E-commerce, which entails purchasing and selling goods and services solely through electronic means, is in high demand around the world. Online shopping is the most well-known type of e-commerce. Consumers' purchase processes have been streamlined by making them easier and more convenient. In industrialized countries like the United States and Japan, online shopping is more popular than in emerging ones like India and China. The contemporary retail environment is not the same as it was ten years ago. The rise of e-commerce, which makes buying simpler, easier, and more convenient, has created a massive opportunity for the athletic footwear industry.
People are also becoming more aware of the need of wearing the right shoes for sporting activities in order to avoid muscular injuries, leg injuries, knee pain, hip discomfort, and back pain. As a result, sports shoe demand is predicted to increase dramatically in the future years. Because they are used in a variety of situations, athletic footwear goods are in high demand. Athletic footwear is worn by a wide range of people, including athletes and climbers. There is also fitness-conscious clientele, gym-goers, and those who use them for light workouts. Various varieties of athletic footwear on the market are made from high-quality raw materials like leather, foam, and plastic, and innovative chemical additives are used in the manufacturing process.
Because of the growing popularity of sports and other related activities, North America is a promising region for this industry. The large number of people who engage in outdoor sports and adventurous activities would help the market to expand further. For example, as per the Outdoor Industry Association in 2018, 50.5 percent of the US population was estimated to be engaged in outdoor activities. Furthermore, demand is projected to be fueled by the rapid rise of e-commerce businesses, which are driving product purchases. Business-to-consumer e-commerce sales in the United States were USD 1,098 billion in 2018, according to data from the United Nations Conference on Trade and Development.
In the athletic footwear sector, the United States generates the most income. Market expansion is also fueled by strong distribution networks. The market is primarily characterized by the country's constantly changing fashion trends.
The US market dominated the North America Athletic Footwear Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $35,248.7 Million by 2028. The Canada market is poised to grow at a CAGR of 6.4% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 5.5% during (2022 - 2028).
Based on Type, the market is segmented into Running Shoes, Trekking & Hiking Shoes, Sports Shoes, Walking Shoes, and Aerobic Shoes. Based on End User, the market is segmented into Men, Women, and Children. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Athletic Footwear Market is Estimated to reach $171.9 Billion by 2028, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, ASICS Corporation, FILA Holdings Corporation, Under Armour, Inc., Nike, Inc., PUMA SE, VF Corporation, Lotto Sport Italia Spa, and New Balance Athletics, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Running Shoes
- Trekking & Hiking Shoes
- Sports Shoes
- Walking Shoes
- Aerobic Shoes
By End User
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Adidas AG
- ASICS Corporation
- FILA Holdings Corporation
- Under Armour, Inc.
- Nike, Inc.
- PUMA SE
- VF Corporation
- Lotto Sport Italia Spa
- New Balance Athletics, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Athletic Footwear Market, by Type
1.4.2 North America Athletic Footwear Market, by End User
1.4.3 North America Athletic Footwear Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.1 Market Share Analysis, 2020
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jan – 2022, Feb) Leading Players
Chapter 4. North America Athletic Footwear Market by Type
4.1 North America Running Shoes Market by Country
4.2 North America Trekking & Hiking Shoes Market by Country
4.3 North America Sports Shoes Market by Country
4.4 North America Walking Shoes Market by Country
4.5 North America Aerobic Shoes Market by Country
Chapter 5. North America Athletic Footwear Market by End-user
5.1 North America Men Market by Country
5.2 North America Women Market by Country
5.3 North America Children Market by Country
Chapter 6. North America Athletic Footwear Market by Country
6.1 US Athletic Footwear Market
6.1.1 US Athletic Footwear Market by Type
6.1.2 US Athletic Footwear Market by End-user
6.2 Canada Athletic Footwear Market
6.2.1 Canada Athletic Footwear Market by Type
6.2.2 Canada Athletic Footwear Market by End-user
6.3 Mexico Athletic Footwear Market
6.3.1 Mexico Athletic Footwear Market by Type
6.3.2 Mexico Athletic Footwear Market by End-user
6.4 Rest of North America Athletic Footwear Market
6.4.1 Rest of North America Athletic Footwear Market by Type
6.4.2 Rest of North America Athletic Footwear Market by End-user
Chapter 7. Company Profiles
7.1 Adidas AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.2 ASICS Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Product Launches and Product Expansions:
7.3 FILA Holdings Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Under Armour, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Product Launches AND Product Expansions:
7.5 Nike, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Acquisitions and Mergers:
7.5.4.2 Product Launches and Product Expansions:
7.6 PUMA SE
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.7 VF Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Product Launches and Product Expansions:
7.8 Lotto Sport Italia Spa
7.8.1 Company Overview
7.9 New Balance Athletics, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Athletic Footwear Market, 2018 - 2021, USD Million
TABLE 2 North America Athletic Footwear Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Athletic Footwear Market
TABLE 4 Product Launches And Product Expansions– Athletic Footwear Market
TABLE 5 Acquisition and Mergers– Athletic Footwear Market
TABLE 6 North America Athletic Footwear Market by Type, 2018 - 2021, USD Million
TABLE 7 North America Athletic Footwear Market by Type, 2022 - 2028, USD Million
TABLE 8 North America Running Shoes Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Running Shoes Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Trekking & Hiking Shoes Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Trekking & Hiking Shoes Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Sports Shoes Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Sports Shoes Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Walking Shoes Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Walking Shoes Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Aerobic Shoes Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Aerobic Shoes Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Athletic Footwear Market by End-user, 2018 - 2021, USD Million
TABLE 19 North America Athletic Footwear Market by End-user, 2022 - 2028, USD Million
TABLE 20 North America Men Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Men Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Women Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Women Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Children Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Children Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Athletic Footwear Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Athletic Footwear Market by Country, 2022 - 2028, USD Million
TABLE 28 US Athletic Footwear Market, 2018 - 2021, USD Million
TABLE 29 US Athletic Footwear Market, 2022 - 2028, USD Million
TABLE 30 US Athletic Footwear Market by Type, 2018 - 2021, USD Million
TABLE 31 US Athletic Footwear Market by Type, 2022 - 2028, USD Million
TABLE 32 US Athletic Footwear Market by End-user, 2018 - 2021, USD Million
TABLE 33 US Athletic Footwear Market by End-user, 2022 - 2028, USD Million
TABLE 34 Canada Athletic Footwear Market, 2018 - 2021, USD Million
TABLE 35 Canada Athletic Footwear Market, 2022 - 2028, USD Million
TABLE 36 Canada Athletic Footwear Market by Type, 2018 - 2021, USD Million
TABLE 37 Canada Athletic Footwear Market by Type, 2022 - 2028, USD Million
TABLE 38 Canada Athletic Footwear Market by End-user, 2018 - 2021, USD Million
TABLE 39 Canada Athletic Footwear Market by End-user, 2022 - 2028, USD Million
TABLE 40 Mexico Athletic Footwear Market, 2018 - 2021, USD Million
TABLE 41 Mexico Athletic Footwear Market, 2022 - 2028, USD Million
TABLE 42 Mexico Athletic Footwear Market by Type, 2018 - 2021, USD Million
TABLE 43 Mexico Athletic Footwear Market by Type, 2022 - 2028, USD Million
TABLE 44 Mexico Athletic Footwear Market by End-user, 2018 - 2021, USD Million
TABLE 45 Mexico Athletic Footwear Market by End-user, 2022 - 2028, USD Million
TABLE 46 Rest of North America Athletic Footwear Market, 2018 - 2021, USD Million
TABLE 47 Rest of North America Athletic Footwear Market, 2022 - 2028, USD Million
TABLE 48 Rest of North America Athletic Footwear Market by Type, 2018 - 2021, USD Million
TABLE 49 Rest of North America Athletic Footwear Market by Type, 2022 - 2028, USD Million
TABLE 50 Rest of North America Athletic Footwear Market by End-user, 2018 - 2021, USD Million
TABLE 51 Rest of North America Athletic Footwear Market by End-user, 2022 - 2028, USD Million
TABLE 52 key information – Adidas AG
TABLE 53 Key Information – ASICS Corporation
TABLE 54 Key Information – FILA Holdings Corporation
TABLE 55 Key Information –Under Armour, Inc.
TABLE 56 Key Information – Nike, Inc.
TABLE 57 Key information – PUMA SE
TABLE 58 key information – VF Corporation
TABLE 59 Key Information – Lotto Sport Italia Spa
TABLE 60 Key Information – New Balance Athletics, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2020
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jan – 2022, Feb) Leading Players
FIG 6 Recent strategies and developments: Adidas AG
FIG 7 Recent strategies and developments: Nike, Inc.